🤝AI Startup Secures $40M to Revolutionize Therapist Documentation
🤝AI Startup Secures $40M to Revolutionize Therapist DocumentationYour 11/12/23 update on all things mental healthGood morning! ☀️ And Happy Sunday! On this day in 1968, the US Supreme Court, in Epperson v. Arkansas, declared an Arkansas law banning evolution in public schools unconstitutional. The court “held that the First Amendment to the United States Constitution prohibits a state from requiring, in the words of the majority opinion, ‘that teaching and learning must be tailored to the principles or prohibitions of any religious sect or dogma’”. (link) This was a win for science and a win for the separation of church and state. In today’s newsletter:
Question: How many people ages 12 and older had Alcohol Use Disorder in the United States in 2021? AI Documentation Startup Raises $40 MillionAdministrative burdens are common throughout healthcare. In their work, providers may spend time writing documentation, billing, and dealing with insurers. These administrative tasks create burdens that make health care more burdensome and inefficient for both patients and providers. Some studies have found that physicians spend twice as much time on paperwork as with patients and that these administrative burdens can be a primary cause for burnout. (link) The field of mental health is no exception. One survey of 500 therapists found that most therapists see around 20 clients per week and spend about 7 minutes per note, for a total of 140 minutes or 2 hours and 20 minutes of notes per week (link). That’s over 10% of a therapist’s time being spent on notes, which doesn’t include time spent on other administrative tasks. With that context in mind, Artificial Intelligence (AI) documentation startup Eleos Health, which turns behavioral health conversations into documentation and other insights, has raised a $40 million Series B round. The company was founded in 2020, has over 3 million minutes of therapy sessions in 2023 alone, and employs 95 people in Boston and Tel Aviv. The goal of the company is to eradicate administrative barriers faced by clinicians. Other News
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Tech, business, and interesting reads 😎
Answer: According to the 2021 National Survey on Drug Use and Health, 29.5 million people ages 12 and older (10.6% in this age group) had Alcohol Use Disorder in 2021. Sixteen million of these people were males, 18.7 million were white people, and 5.1 million were Hispanic or Latino (link) If you enjoyed this newsletter, consider sharing it with a friend or colleague or signing up for the weekly paid version. You can directly forward the newsletter, or use the button below to get rewards for referrals. Thank you for your support 🙏 You're currently a free subscriber to The Mental Health Digest. For the full experience, upgrade your subscription. |
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